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Listed by Janet Irwin • Compass
$ 3,925,000
Est. payment /mo
New
1603 Electric Avenue Seal Beach, CA 90740
3,089 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,089 sqft
Price per Sqft $1,270
MLS Listing ID CRPW25233539
HOA Y/N No
Year Built 1940
Lot Size 6,098 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
A charming 7-unit rental building nestled on two parcels in the heart of Seal Beach's vibrant Old Town. Offering unique historic charm, this coveted neighborhood is conveniently located near the Pier, Downtown Shopping & Restaurants. The special events of Seal Beach including the Christmas Parade, Car Show, Summer Concerts and more are a constant draw for existing and prospective tenants. Additionally alluring is the park/greenbelt in the center median facing the property. Originally constructed in 1939 and beautifully renovated in 2017, this multi-family property features seven thoughtfully upgraded units. Featured in the remodel was new plumbing, electrical, roof, heating, drywall, windows & doors. Interiors were also newly equipped with kitchens and baths as well as new flooring, paint and light fixtures throughout. Each unit features recessed lighting, ceiling fans, and are TV/HDMI and internet-ready. The property includes a laundry facility for convenient use By the tenants. This is a humble, yet trophy property for your investment property portfolio. Seal Beach is coveted by many and unique opportunities such as this are rare.
Location
State CA
County Orange
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Laminate, Tile, Wood
Fireplace No
Laundry Common Area, Laundry Room
Exterior
View City Lights, Park/Greenbelt, Other
Building
Lot Description Level, Other, Front Yard
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